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Ecuador lowers fuel rates after end of indigenous protests

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The president of Ecuador, Guillermo Lasso, applied this Friday a total reduction of 15 cents on the dollar in the prices of the most used fuels in the country, fulfilling one of the agreements with the indigenous movement with which a protest against his government was deactivated. .

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With the reduction agreed on Thursday, with the mediation of the Catholic Church, a gallon of diesel fell from US$1.90 to 1.75 and extra gasoline from US$2.55 to US$2.40, according to a decree released by the Communications Secretariat of the presidency. .

The powerful Confederation of Indigenous Nationalities (Conaie), which led 18 days of roadblocks and violent marches in cities, including Quito, called for a reduction to US$1.50 and US$2.10, respectively.

In the midst of the protests, Lasso ordered a drop of ten cents on the dollar for fuel, which with the new decree went to 15 cents.

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The signing on Thursday of the “act for peace”, which also provides for more fuel subsidies for rural sectors, ended the protests that lasted 18 days, being the longest in the history of the Conaiewho participated in riots that brought about the overthrow of three presidents between 1997 and 2005.

Aboard buses and trucks, and waving Ecuadorian flags and the wiphala of the native peoples, the nearly 10,000 natives who came to Quito to demonstrate returned on Thursday night to their communities in the north and south Andes, as well as to the Amazon jungle.

The protests left six dead, including a military man, more than 600 wounded civilians and soldiers, and 150 detainees, according to various sources.

The Executive also repealed a decree for the delivery of new oil fields, another of Conaie’s requests, which also mobilized some 4,000 people to close roads in up to 19 of the 24 provinces, according to official estimates.

The Conaienow led by Leonidas Iza, whom Lasso has called “anarchist”, also led protests in October 2019 against the elimination of fuel subsidies, which before the recent demonstrations represented an expense of 3,000 million dollars a year for the State.

The Executive also applied other compensatory measures such as the increase from US$50 to US$55 of a bonus for the poorest and the forgiveness of overdue loans for up to US$3,000 with public banks.

Source: Gestion

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